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Helmerich & Payne HP Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

Transocean logo
TransoceanRIG
$4M+100%
Liberty Energy logo
Liberty EnergyLBRT
$18.51M+653%
USA Compression Partners logo
USA Compression PartnersUSAC
$545K+141%
Archrock logo
ArchrockAROC
$10.12M+37.9%
Select Water Solutions logo
Select Water SolutionsWTTR
$405K-70.3%
Kinetik Holdings logo
Kinetik HoldingsKNTK
$19K-52.5%

Other financials

Income statement

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Revenue$932.4M-8.2%
Gross profit$271.2M-13.7%
Operating income-$36.9M-188%
Net income-$58.6M-3,643%
EPS (diluted)-$0.59-6,000%

Balance sheet

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Cash & equivalents$204.0M-16.7%
Total debt$2.0B-10.6%
Total equity$2.6B-13.8%
Total assets$6.3B-12.5%

Cash flow

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Operating cash flow$36.6M-34.7%
CapEx$62.9M-60.4%
Free cash flow$114.9M+121%

Valuation

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Market cap$3.56B+41.1%

Profitability

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Gross margin31.5%-5.8pp
Operating margin3.3%-13.2pp
Net margin-9.4%-16.5pp
FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-13.2%-20.7pp
Debt / equity0.8×0.0×
Current ratio1.7×0.0×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The official record: Helmerich & Payne’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Helmerich & Payne's gain (loss) on disposal of assets?
Helmerich & Payne (HP) reported gain (loss) on disposal of assets of $1.31M in Q1 2026.
How has Helmerich & Payne's gain (loss) on disposal of assets changed year-over-year?
Helmerich & Payne's gain (loss) on disposal of assets increased by 47.6% year-over-year, from $884K to $1.31M.
What is the long-term trend for Helmerich & Payne's gain (loss) on disposal of assets?
Over 3 years (2021 to 2024), Helmerich & Payne's gain (loss) on disposal of assets has grown at a -23.1% compound annual growth rate (CAGR), from -$11.28M to -$5.14M.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.